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Torrent Pharmaceuticals redeems CP worth Rs 300 crore

24 May 2018 Evaluate

Torrent Pharmaceuticals has fully redeemed commercial paper (CP) worth Rs 300 crore. The CP was issued on November 24, 2017, having maturity date of May 23, 2018.

Torrent Pharmaceuticals is Flagship Company of the Torrent group, a leader in cardiovascular and central nervous system segments. It also has presence in gastro-intestinal, diabetology, anti-infective and pain management segments.

Peers
Company Name CMP
Sun Pharma. Inds. 1756.90
Dr. Reddys Labs. 1195.10
Cipla 1303.30
Lupin 1960.00
Zydus Lifesciences 1115.10
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